NOT LISTED FOR SALE

1376 Queens Cir Merced, CA 95340

North Merced Neighborhood
4 Beds
4 Baths
2,272 Sq Ft
7,928 Sq Ft Lot

Last Sold January 14, 2022

Last sale price $410,000 $180 Per Sq Ft

3 Days on Market

Highlights

  • Corner Lot
  • Central Heating and Cooling System
  • Bike Trail
  • Laundry Room

About This Home

As of January 2022

Fantastic opportunity to purchase a rental income property in North Merced! This Duplex has been well maintained and has two long term tenants.
Each unit is a little over 1,100 sq.ft. and both have 500 sq.ft. attached garages. Both units feature indoor fireplaces, natural lighting via skylights, enclosed yards, 2 bed/2 bath, open floor plans and much more. This Duplex is situated at the end of a quiet street on a corner lot and offers excellent privacy. You have to take a tour to fully appreciate the potential being offered!

Last Agent to Sell the Property

Ryan Searcy

CB Commercial, Select Real Estate License #02044301 Listed on: 11/29/2021

CB Commercial, Select Real Estate

Co-Listed By

Dan Gallagher

CB Commercial, Select Real Estate License #01819755

Last Buyer's Agent

Jeffrey Lee

License #01303684

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 7,928 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Irregular Lot
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Carport
  • Parking Available
  • Front Facing Garage

Home Design

  • 2,272 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, insurance
  • Tax Lot 10
  • Assessor Parcel Number 007081073000
  • $438 per year additional tax assessments

Community Details

Overview

  • 2 Units

Recreation

  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $750
  • Operating Expense $750
  • Gross Income $23,400
  • Net Operating Income $21,060

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 192750
  • Property Attached: Yes
  • Zoning: R-2
  • Property Type: Residential Income
  • Parcel Number: 007081073000
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 180.46

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Corner Lot, Irregular Lot
  • Lot Size Sq Ft: 7928.00
  • Lot Size Acres: 0.1820
  • Latitude Manual: 37.31660400

Rental Info

  • Tenant Pays: Cable TV, Electricity, Insurance

Multi Family

  • Gross Income: 23400.00
  • Gross Scheduled Income: 23400.00
  • Insurance Expense: 750.00
  • Lot Size Area: 7928.0000 Square Feet
  • Net Operating Income: 21060.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2340.00
  • Rent Control: No
  • Total Expenses: 750.00

Tax Info

  • Tax Census Tract: 12.00
  • Tax Lot: 10
  • TaxOtherAnnualAssessmentAmount: 438.00

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2022 01/14/22 Sold $410,000 +6.4% $180 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
11/29/2021 11/29/21 For Sale $385,500 -- $170 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ryan Searcy

    Seller's Agent in 2022

    Ryan Searcy

    CB Commercial, Select Real Estate

    (209) 777-5477

    14 in this area

    52 Total Sales

    Ryan Searcy
    Section Image

  • D

    Seller Co-Listing Agent in 2022

    Dan Gallagher

    CB Commercial, Select Real Estate

    (209) 777-5626

    12 in this area

    21 Total Sales

    Dan Gallagher
    Section Image

  • J

    Buyer's Agent in 2022

    Jeffrey Lee

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MC21253577

California Regional Multiple Listing Service (CRMLS)

APN: 007-081-073

California Merced County Merced 95340 North Merced

1376 Queens Cir, Merced, CA

This home is located at 1376 Queens Cir, Merced, CA 95340 since 29 November 2021. This property was built in 1987. 1376 Queens Cir is a home located in Merced County with nearby schools including Donn B. Chenoweth Elementary School, Herbert Hoover Middle School, and Merced High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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